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Capri, Tapestry Scrap Merger
Fashion houses Tapestry and Capri end merger plan as FTC gets a luxury win
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle.
Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, after the Federal Trade Commission successfully sued to stop the transaction.
Tapestry and Capri Terminate $8.5 Billion USD Merger
After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier handbag market.
3h
Why Tapestry (TPR) Stock Is Trading Up Today
Shares of luxury fashion conglomerate Tapestry (NYSE:TPR) jumped 13.2% in the afternoon session after the company announced ...
6h
on MSN
S&P 500 Gains and Losses Today: Government Contractors Lose Ground, Tapestry Rises
Key Takeaways The S&P 500 slipped 0.6% on Thursday, Nov. 14, 2024, as hotter-than-expected wholesale inflation data raised ...
5h
on MSN
These Stocks Moved the Most Today: Walt Disney, Super Micro, Cisco, ASML, JD.com, Tapestry, Intuitive Machines, Hims & Hers, and More
Walt Disney’s earnings beat Wall Street estimates, Super Micro Computer extends losses, and Cisco posts fiscal first-quarter ...
SchaeffersResearch.com
6h
Tapestry Stock Could Extend Rally to 11-Years Highs
Tapestry (TPR) stock is surging amid rival Capri Holding's (CPRI) breakdown, and also flashing a historically bullish signal ...
Forbes
12h
Bagging Premium And Dividend With Tapestry Buy Write
If we earn the dividend on December 6, and if
Tapestry
closes above $58 at expiration, we would be assigned and earn $2.45 ...
11h
Coach Owner Tapestry Calls Off Capri Bid On Regulatory Blocks
Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands including Michael Kors and Versace, following a successful legal challenge by US ...
14h
on MSN
Maker of Coach handbags calls off merger with company that produces Michael Kors accessories
Fashion company Tapestry says it’s terminating its proposed merger with Capri because the two luxury groups don’t expect to ...
NBC Los Angeles
17h
Capri and Tapestry abandon plans to merge, citing regulatory hurdles
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Capri
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